PetroGlobe Announces Interim CEO and Officer Change
March 22 2011 - 7:40PM
Marketwired Canada
PetroGlobe Inc. (TSX VENTURE:PGB) ("PetroGlobe" or the "Company") announces that
Bill Powers, the current non-executive Chairman of the Company, is appointed
Chairman and interim Chief Executive Officer effective immediately. Jason James,
the current Chief Executive Officer and interim Chief Financial Officer of the
Company, will continue as Chief Financial Officer. The change was made to meet a
TSX Venture Exchange requirement that a listed company have a separate chief
executive officer and chief financial officer.
ABOUT PETROGLOBE INC.
PetroGlobe is a Calgary, Alberta based public company, engaged in the
exploration, development and production of petroleum and natural gas in Canada.
PetroGlobe's focus is on high working interest, company-operated properties in
Alberta, including Pembina Cardium light oil, Pembina Edmonton Sands natural
gas, Red Earth Slave Point light oil and Sawtooth oil in the Grand Forks/Taber
area of southern Alberta. PetroGlobe's common shares are listed on the TSX
Venture Exchange and trade under the symbol PGB.
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